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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Floating Rate Note

Floating Rate Note

Definition of 'Floating Rate Note'

Bonds and other debt instruments which carry a variable rate of interest, usually linked to a reference rate such as the London Inter-Bank Offered Rate (>LIBOR).

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Related Terms

Euro Floating Rate NoteReverse Floating Rate NoteFRNPure Floating Exchange RateFloating InterestPromissory NoteNoteEuro Medium-Term NoteMTNEquity SwapFloating-Rate BorrowingFloating Exchange RateVanilla SwapFlat RateCapped BondsDirty FloatingForward PointsHurdle RateContract NoteMedium-Term Note

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